KIAP lawyers successfully represented interests of a former top-manager of a large trading network in a dispute for 11 billion rubles

01.11.2017

KIAP, Attorneys at Law, have represented the interests of a former top-manager of a large trading network in a dispute regarding his vicarious liability in the bankruptcy case for the debts of the company. The sum of creditors’ claims exceeded 11 billion rubles.

Despite opponents’ arguments about the presence of losses and misconduct on the side of the top managers, KIAP lawyers succeeded in proving that top-managers acted reasonably and in good faith and the company had shown steady growth in financial performance.

Bankruptcy

KIAP’s bankruptcy practice represents the interests of lenders in relations with insolvency officers, represents client’s interests in arbitration courts, provides services in supporting the procedure of inclusion into the lenders’ registry, contesting illegal actions by insolvency officers and debtor’s invalid transactions. The practice is recommended by Chambers Europe international legal ranking, Russia's Pravo.Ru-300б as well as by Kommersant (Ъ) ranking. Among its clients are major Russian and international companies.